Gbpjpybuy
GBPJPY approaching resistance, look out for potential reversal!
GBPJPY is approaching its resistance at 143.207 where it is could reverse down to its support at 142.700.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPJPY - FOREX - 20. JAN. 2020Welcome to our weekly trade setup ( GBPJPY )!
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1 HOUR
Small push above previous consolidation highs.
4 HOUR
Pump and dump, takeout of short holders and down now?
DAILY
Overall market turned bearish , expecting some more bearish pressure.
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FOREX SETUP
BUY GBPJPY
ENTRY LEVEL @ 142.860
SL @ 142.140
TP @ 144.290
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
GBPJPY approaching resistance, look out for potential reversal!
GBPJPY is approaching its resistance at 144.432 where it is could reverse down to its support at 141.280.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.